Supply Chain Matters

MARCH 6, 2024

In February of 2021, Supply Chain Matters highlighted a memorandum of understanding with global contract manufacturing provider Foxconn Technology for volume production. Once more, the company has a stated goal to produce upwards of 22,000 vehicles in 2024. Being asset light, vehicle production was planned to be outsourced.

Sourcing Strategies 52

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Supply Chain Matters

FEBRUARY 12, 2024

The Ferrari Consulting and Research Group highlights a 2024 prediction of added labor activism continuing across industry supply chains in 2024. According to reporting by The Wall Street Journal , that level of worker labor activism was nearly eight times the number of workers involved in 2021.

Negotiating Skills 59

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Supply Chain Matters

JANUARY 10, 2024

Supply Chain Matters This Week in Supply Chain Tech kicks off our 2024 series with two acquisition announcements related to multiple supply chain providers. In 2021, this column highlighted Blackstone’s acquisition of the company for $1.4 The company is backed by a number of investors and has undergone funding rounds in 2018 and 2021.

Supply Chain Design Software 52

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The Logistics & Supply Chain Management Society

DECEMBER 21, 2021

As we finish 2021, the supply chain is front and center with challenges reported across the globe; across multiple industries from consumer products through to automotive. By 2024, 40% of APeJ-based supply chain forecasts will be automated through the use of artificial intelligence, improving accuracy by 5 percentage points.

Predictive Analytics Software 246

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Supply Chain Matters

MARCH 25, 2024

Existing CEO Dave Calhoun will reportedly be leaving the company at the end of 2024. Deal will be replaced by Stephanie Pope, a 30-year Boeing employee, was appointed to be the commercial aircraft producer’s first appointed Chief Operations Officer as of the start of 2024. They are far reaching in their implication and resolve.

Supply Chain Design Software 52

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Supply Chain Matters

OCTOBER 17, 2023

This report cautions that the hedge fund is evaluating its next steps and that the sources are asking not to be identified because the matter is private. If the tech provider is taken private, it would represent a full circle move in that E2open was once private before moving to a bank check merger in 2021. All rights reserved.

Supply Chain Planning Software 59

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The Logistics & Supply Chain Management Society

OCTOBER 14, 2021

According to the State of the Global Islamic Economy Report 2020-2021 a USD 2.4 trillion industry by 2024 , consisting of not only food, but also cosmetics, pharmaceuticals, modest fashion, media & creation, and Muslim friendly travel. I would certainly recommend before the year 2024. Developments.

Pharmaceutical 237

Pharmaceutical Buyer Training Supply Chain Software Supply Chain Strategy 237

QAD

JULY 7, 2022

The concept of ethical sourcing has risen in popularity during the past four years.” . In Bangladesh in July 2021, a fire at a food factory claimed the lives of at least 52 people, some of whom were children. as a tornado struck a town in Kentucky in December 2021, workers at. In the U.S., Consumer Buying Trends.

Purchasing Skills 98

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Supply Chain Matters

DECEMBER 29, 2023

In 2021, Tesla acquitted a former JC Penny distribution center located in Lathrop, California for the initial production of megapacks. Aggressive Timeline According to Tesla , plans reportedly call for breaking ground for this facility in the first quarter of 2024 with production anticipated to commence in the fourth quarter.

China 52

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Enterra Insights

APRIL 7, 2022

The first quarter of 2021 saw a 42% increase in these kinds of attacks and it’s showing no signs of slowing.” It appears to come from a reliable and safe source but it is not. Machine learning and artificial intelligence are also used for detecting and tracking the active phishing sources.” 3] They include: Malware.

Supply Chain Design Software 130

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ToolsGroup

FEBRUARY 7, 2022

As 2021’s holiday shopping statistics proved, pandemic or not, consumers are willing to spend. (My When looking at global online sales, Salesforce reports 57% digital growth in 2020, and 16% growth in 2021, with eMarketer data predicting a continued increase through 2025. Data source: eMarketer. in 2021, compared to 42,000 sq.

Supply Chain Planning Software 177

Supply Chain Planning Software Trends Retail Forecasting Software 177

Cathy Roberson

FEBRUARY 2, 2024

According to UPS CEO Carol Tome, the 2024 U.S. “Winning back and winning new volume is part of a program we call Project Brown, which will continue into 2024,” Tome said. They’re a dual sourcer, and they have diverted some volume, and I suspect they’ll stay dual sourcing.”

Cost Reduction Strategies 70

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Supply Chain Matters

JANUARY 18, 2023

Apple Component Design Shift in Custom Displays Citing sources with knowledge of the matter, Bloomberg reported ( Paid subscription or metered view ) that Apple has plans to begin utilizing custom electronic displays utilizing its own custom in-house development designs. million in 2021. In fiscal 2021, stock buybacks amounted to $85.5

Supply Chain Design Software 59

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SCMDOJO

APRIL 15, 2024

Source Amazon Product Range One of the key drivers of Amazon’s success in logistics is the sheer breadth of its product range. 2021: 1,608,000 Amazon Employees New hires: However, in 2022, they employed over 1.5 billion (net profit) Profit by Region/Country: North America is a major market, followed by Europe and Asia.

Logistics Network Optimization Software 79

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ToolsGroup

OCTOBER 3, 2022

In October 2021, Brian Olsavky, CFO of Amazon, claimed that the company would require 150,000 extra workers to cater to the heightened customer demands during the holiday season. Source: Bloomberg.com. Leaked internal research reveals Amazon is at risk to run out of workers for its US warehouses by 2024.

Optimal Sourcing 156

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Supply Chain Matters

NOVEMBER 14, 2023

production worker hourly wages starting in January 2024. The report observes that in 2021-2022, the largest carriers amassed net income levels totaling $364 billion. Transiting the Suez Canal from Asian ports is estimated to be 15 percent costlier in 2024. based Alabama and Georgia production facilities.

Supply Chain Design Software 52

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QAD

MAY 23, 2023

This sounds simple enough, but we all know it’s a very complex issue and that’s partially because ESG concerns touch every part of the value chain, from the field or mine where raw materials are sourced to the packaging and transport modes used to bring your finished product to market. The International Labor Organization reports that 27.6

Procurement Solutions 94

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Supply Chain Matters

NOVEMBER 6, 2023

The October report further indicates: “ Of the seven ASEAN nations covered by this survey, five recorded a deterioration in the health of their manufacturing sector, the highest number of countries to report a decline since August 2021.” percent in 2024. World economic growth will reportedly slow from 3.5 Stay tuned.

Procurement Analytics 59

Procurement Analytics Manufacturing Procurement Report Global 59

MIT Supply Chain

MAY 17, 2023

A panoply of other issues and uncertainty Companies are grappling with the likelihood of an economic recession, increasing layoffs, persistent inflation, an unending war in Ukraine, and the prospect of a presidential election in 2024. Pushback against green investments is another source of uncertainty.

Sustainability 52

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QAD

APRIL 4, 2024

Updated: April 4, 2024 Published: July 17, 2021 In today’s competitive food and beverage marketplace, events occur and challenges arise that impact the normal course of business. Next generation supply chain analytics, IoT and AI pose an opportunity for organizations to transform their business model using connected solutions.

Beverage 82

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Synovos

JULY 24, 2023

In November 2021, RS launched its 2030 ESG action plan, entitled ‘For a Better World’, which has four global goals and 15 ambitious actions for 2030. This has been made possible through modal shifts from air to sea or air to road and optimizing its supply chain to source, store and ship more products locally.

Inventory Reduction 52

Inventory Reduction Sourcing Strategies Cost Reduction Strategies Government 52

Resilinc

JULY 26, 2022

more units than it did in Q2 2021, according to Gartner’s estimates. In guidance released ahead of its quarterly report, Samsung estimated a 21% bump in revenues and 11% increase in profits over Q2 2021. Foxconn will follow the Lordstown deal by building Fisker’s Pear model at an “Ohio factory starting in 2024.

Manufacturing Procurement 62

Manufacturing Procurement Gartner Inventory Reduction Price Reduction 62

ToolsGroup

AUGUST 1, 2022

Department of Commerce International Trade Commission , the percentage of retail sales sourced from ecommerce is predicted to increase into 2024–well beyond the lockdowns that caused the initial rise in ecommerce spend. Another NRF report showed that online sales comprised 23% of all retail sales in 2021.

Retail 296

Retail Optimal Sourcing Purchasing Skills Procurement Solutions 296

Supply Chain Matters

SEPTEMBER 6, 2023

From our lens, the August data further reflects ongoing shifts in production sourcing within specific industry sectors. Further reported was the fastest uptick in new orders since January 2021. The August numbers once again signal a continued downturn in global manufacturing conditions as output and new order rates continue to fall.

Manufacturing Procurement 52

Manufacturing Procurement Optimal Sourcing Global Price Reduction 52

Supply Chain Game Changer

OCTOBER 8, 2020

Here are some interesting predictions from a reputable international research firm, IDC, which highlight key areas of technological applications regarding the impending digital revolution of the international supply chain. Digital Supply Chain Predictions.

Predictive Analytics Software 74

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Supply Chain Matters

MARCH 27, 2024

Bob Ferrari © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. This was another “ black swan ” event not typically a part of the risk management scenarios of businesses and their supply chain and logistics management teams. East Coast port presence helps in this determination. All rights reserved.

Baltimore 52

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Supply Chain Matters

APRIL 14, 2023

Judging from this column’s updates since the start of this year, supply chain management technology is still garnering investment interest in Series A and Series B levels but our sources indicate that investment cycles are far more lengthy and rigorous, with an added focus toward time to profitability. while securing a $5.4

Supply Chain Design Software 52

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Supply Chain Game Changer

MARCH 30, 2022

And an important source of new product ideas for global companies that strive to offer the best customer experience. According to Business Insider, by 2024, 71% of customers will switch to mobile banking. And in 2021 fintech applications will become more popular than real banks. Final Thoughts.

Trends 89

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Supply Chain Matters

APRIL 4, 2024

The software and managed services of this provider were augmented with the acquisition of New South Wales based Pegasus in 2021. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. Founded in 2003, Utah based Avetta has reportedly deployed by 500 clients located in more than 130 countries.

Supply Chain Design Software 40

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Resilinc

AUGUST 30, 2023

By scanning over 104 million sources and sites worldwide, it can identify supply chain disruptions in over 100 languages and 200 countries to help users respond to and mitigate potential threats more effectively. If any of the five major waterways are disrupted, it could significantly impact the global supply chain.

Panama 62

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ModusLink Corporation

DECEMBER 13, 2022

Carrier rates are declining across the board, and Seatrade Maritime News reported an “expected trough of freight rates to mid-2023 from 2024 with a lower demand forecast and a higher than expected effective capacity increase due to the unwinding of congestion. Carriers Will Lower Rates But Keep Many Others.

Agile and Lean Supply Chain 78

Agile and Lean Supply Chain Supply Chain Software Supply Chain Planning Software Trends 78

Intelligent Audit

NOVEMBER 22, 2022

Despite carrier hopes of volume normalization as the market contracts in 2023, FreightWaves warns, “ 2023 is likely to be another year of sub-replacement level builds due to parts and components shortages as well as Europe’s struggles with sourcing energy to power vendor manufacturing site. ”. consumers a whopping 23% more than in 2021.

Turkey 52

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C3 Solutions

JULY 28, 2020

billion connected items, growing to 25 billion by 2021. billion by 2021. The online retailer is moving into bricks-and-mortar stores with its Amazon Go self-checkout concept, and has plans to open 3,000 of the small footprint outlets by 2021. 2] The Internet of Things and the Modern Supply Chain , C3 Solutions, 2016. [3]

Internet of things 78

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Supply Chain Matters

FEBRUARY 14, 2024

The EV parcel truck maker subsequently went public in March 2021, combining with CIIG Merger Corp. billion market valuation based on 2024 revenue expectations. © Copyright 2024, The Ferrari Consulting and Research Group and the Supply Chain Matters® blog. while securing a $5.4 All rights reserved.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Modeling 52

ToolsGroup

APRIL 1, 2022

In 2021, 87% of Americans were negatively impacted by the supply chain. In Fortune 500 earnings calls for Q3 of 2021, “supply chain” mentions were up 412% from Q3 in 2020. 28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK.

Material Savings 207

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Supply Chain Matters

APRIL 29, 2022

Recently, the online provider’s higher incidents of worker injuries in 2021 came to light. . Intel CEO Pat Gelsinger indicated that the semiconductor chip shortage will last longer than expected, likely into 2024. “

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Strategy Supply Chain Supply and Demand 52

The Logistics & Supply Chain Management Society

SEPTEMBER 14, 2021

Incorporating circular economy principles throughout, from source to disposal. Incorporating responsible sourcing principles into the supply chain. 1) IDC 2021 APeJ Manufacturing Insights Survey, n=947. LogiSYM Supply Chain Magazine – September 2021. Synopsis: GeTS Webinar 9th Sept 2021. Excluding Japan. (1)

Resource Reduction 243

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